Ethiopian cement market shows strong growth

摘要

Ethiopian cement capacity grew at an annual average rate of 6.8% between 2013 and 2018,according to data from CW Group.The growth in capacity came as a result of the government's five year Growth and Transformation Plan,as well as federal incentives to attract local and international cement producers.”Typically a heavy-consuming cement market,Ethiopian cement production had proven insufficient to meet demand until 2014,thus making Ethiopia an importing market,”CW Group Business Analyst,Joao Sobrinho,told World Cement.”Through this expansionist agenda,the domestic cement industry is increasingly becoming a net exporter and improving its international competitiveness”